NEWS & EVENTS: Breaking News
05.02.2010 10:21
Feb 5. Svyazinvest expects net profit to rise 10.2% in 2010. The telecom holding expects FY 2010 net profit to rise 10.2% to RUB 30.7 bn, the company’s CEO Evgeny Yurchenko said at a briefing Wednesday. Growth will slow compared to 2009, when the state-owned telecom holding boosted profit 18.9% to RUB 27.9 bn. Revenue of Svyazinvest Group of Companies will rise 3.2% to RUB 278.8 bn, of which RUB 11.3 bn will come from the reimbursement of universal service fees. The group’s EBITDA will rise 5.0% to RUB 92.6 bn, Yurchenko said.
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